Investor Centre : Press Releases

Simbhaoli Sugars commissions Fuel Ethanol plant at Chilwaria

Lucknow, October 5, 2006: Simbhaoli Sugars Ltd (SSL)
has today announced commissioning of its new Ethanol plant at Chilwaria
(District Bahraich, UP). The molasses based ethanol manufacturing
plant with an installed capacity of 60 KL/D has been set up adjacent
to SSML’s chilwaria sugar plant. The project was completed at
a cost of over Rs 25 crore in a record time of 9 months.

“Simbhaoli has become one of the largest producers of Ethanol
today. We envisage higher revenues from our Ethanol business as Simbhaoli
is poised to benefit from Govt of India’s ethanol blended petrol
(EBP) programme and also because of its proximity to key markets of
Delhi, UP and Haryana”, says Mr G S Mann, Chairman & Managing
Director, SSL.

Further this is in accordance with the green fuel initiative taken
by the Central Government for reducing dependence on imported and
scarce petroleum products.

With the commissioning of Chilwaria facility, SSL’s total ethanol
production capacity is now 150 KL/D, which the company plans to scale
up to 180 KL/D with the opening of Brijnathpur facility in March 2007.

“Getting into Ethanol production is part of our strategy to
derisk our business model and getting into non sugar businesses such
as Ethanol, bio manure, power cogeneration. We are now one of the
largest integrated sugar complexes in the country”, says Dr
Rao, Executive Director, SSL.

The company is already supplying 11 million liters of Ethanol to
oil majors such as Indian Oil and BPCL in the states of UP and Haryana.

The diversification towards ethanol is part of Rs 404 crore growth
plan chalked out by SSL which will be concluded by March 2007.

About SSML: Simbhaoli Sugars Limited (SSL) is one
of India’s leading producers of high quality sugar and operates
one of the largest integrated sugar complexes in India. It produces
and sells international standard refined, pharmaceutical-grade and
specialty sugars to the retail and bulk institutional consumer segments.
Its sugar brand, Trust, commands a significant share of the north
Indian market. SSML is a major supplier to a multinational and domestic
customer base that includes Coca-Cola, Heinz, PepsiCo, GlaxoSmithKline,
Haldiram’s, Oberoi Hotels, Taj Group of Hotels, and Jet Airways.
Currently, SSML operates two technologically advanced sugar-manufacturing
facilities in Simbhaoli and Chilwaria, both located in Uttar Pradesh.
The company’s facilities have a total installed sugarcane crushing
capacity of 13,300 TCD and are capable of manufacturing up to 200,000
MTPA of sugar. With the ongoing growth plan in place, the sugar crushing
capacity will go upto 20,100 TCD from November 2006 onwards. The Company
also utilizes a significant proportion of the by-products from the
sugar production process to co-generate power and manufacture ethanol,
alcohol and bio-manure for sale to third parties.

News & Updates

The name of 'Simbhaoli Spirits Limited', originally incorporated on 4th day of April 2011 under the provisions of the Companies Act, 1956 has been changed to 'SIMBHAOLI SUGARS LIMITED' as per the Scheme of Amalgamation vide order passed by the Hon'ble High Court of Judicature at Allahabad as became effective on Nov 13, 2015.